How to withdraw money from social security card?

1. The social security card has a financial account. After activation, it can be used as a bank card. The insured needs to deposit money into it by himself. The way to withdraw money is the same as a bank card. It can be withdrawn at an ATM or a bank counter.

2. Social security cards and medical insurance cards in some areas are the same card, and medical insurance cards are divided into personal accounts and overall accounts. Among them, the money in the overall account can definitely not be taken out, while the money in the personal account can be taken out if it meets one of two conditions.

First, if the insured person dies, the legal heir may apply to the medical insurance service center for withdrawing money from the personal account of the insured person's medical insurance card with the death certificate of the insured person and other materials;

Second, if the insured person leaves the country to settle down, he can apply to the medical insurance service center to withdraw the money from the personal account of the medical insurance card with the exit certificate and other materials.

The Social Security Card of the People's Republic of China is an integrated circuit (ic) card, which is uniformly planned by Ministry of Human Resources and Social Security and issued to the public by local human resources and social security departments, and used in various business fields of human resources and social security.

Social security (individual) cards are issued to urban employees, unemployed people and retirees, and social security (employer) cards are issued to employers. Ministry of Human Resources and Social Security said that it will take about five years to make social security cards generally have financial functions.

Social security cards have a wide range of functions. Cardholders can not only use the card for real-time settlement of medical insurance personal accounts, but also handle endowment insurance affairs; Go through the formalities of job registration and unemployment registration; Apply for unemployment insurance; Apply for employment training; Apply for labor ability appraisal and enjoy work-related injury insurance benefits; Handling labor and social security affairs online.

Withdrawal method:

Money can be taken out like a bank card, at an ATM or at a bank counter.

Legal basis:

Article 4 of the Social Insurance Law stipulates that employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.